As expected, Boeing announced an impressive net and operating loss for its first six months of 2019, with the worst results suffered in Q2 because of the MAX grounding and reduced production output HY1 net earnings show a $793 million…
Boeing has taken a $4.9 billion pre-tax charge to cover costs resulting from the MAX grounding, compensation and production delays. That’s for Q2, so the charge might increase for the year. The airframer announced the charge on July 18, six…
There is no denying anymore: 2019 is shaping up to become an extraordinary year for Boeing, but not the way the almost 103-year old OEM would have liked it to be. The grounding of the 737 MAX since March and…
The Federal Aviation Authority (FAA) has briefed the US operators of the Boeing 737 MAX on April 12 on the updates that should eventually result in the re-certification of the type. Delegates from American Airlines, United Airlines, and Southwest Airlines…
Boeing has taken the inevitable decision to reduce production of the 737 and MAX, now that deliveries of the latest model are on hold following the two MAX crashes. Production will be reduced from mid-April from 52 per month to…